Procedure for transfer of shares to NRI

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An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same?

Replies (7)
Originally posted by :Anita
" An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same? "


 

Originally posted by :Anita
" An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same? "


 

Originally posted by :Anita
" An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same? "


 

 

Originally posted by :Anita
" An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same? "


 

share transfer procedure to NRI

Originally posted by :Guest
" Simply receive consideration for the same. Execute the Deed. Form FC TRS to b filed at RBI through AD and then a Company shall approve this Transfer at the BM. "


 

Originally posted by :Anita
" An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same? "


 

Dear Anita,

Kindly refer RBI/2004-05/207 Circular No 16 dated 4th October, 2004


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